The commercial and industrial (C&I) energy storage market is experiencing rapid growth as industries worldwide focus on decarbonisation and energy efficiency.
Progress on BESS projects in Saudi Arabia and Chile totalling a combined 16GWh of energy storage capacity using Sungrow and BYD batteries has been revealed by the projects’ owners.
Mining consortium Kamoa Copper and IPP CrossBoundary Energy have agreed a PPA providing baseload renewable energy for one of the largest copper mines globally, in the Democratic Republic of the Congo (DRC).
Donald Trump has announced his sweeping ‘Liberation Day’ global tariffs, with another new China tariff resulting in an effective doubling of the price of batteries and BESS imported from there to the US.
Charlotte Gisbourne, market analyst at PV Tech Research discusses trends and movements in the Q1 2025 edition of the EnergyStorageTech Bankability Ratings report.
February 2025 saw around 4.5GW/10.5GWh of grid-scale BESS deployments globally, with China continuing to account for the majority but Europe increasing its share from January.
The capabilities of lithium-ion battery storage in providing long-duration energy storage to global energy systems should not be overlooked, write Kotub Uddin and Sam Secher of Envision.